You are absolutely right just like you and many others I has same opinion and saw this project coming out with real solutions. They are still attending conferences but how long it will be because of spending of funds. At some point they will run short of money just like other ICO projects and that will be problem. New exchanges are not seeming to be on boarding anymore.
Investors believed in the revolutionary nature of the project, and so the hard cap was achieved in a few days. But in fact, over the years we have not even received a working platform. I hope we do not know something, and the project will show the result in future.